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Pirelli Real Estate and B+L sell business premises in Hamburg to Union Investment for €60.05 mln. (DE)

Union Investment Real Estate GmbH has acquired the business premises "Geschaftshaus Ottensen" in Hamburg Altona, Ottensen district, for its open-ended real estate fund Unilmmo: Deutschland from Pirell ...

Legal & General Property acquires portfolio of 11 freehold properties for £119.5 million (UK)

Legal & General Property ("LGP") has acquired a portfolio of 11 freehold properties located in Covent Garden from ING Covent Garden Limited Partnership. The transaction was completed at a total c ...

The world's tallest building has been opened in Dubai (UAE)

The opening ceremony, held 1,325 days after excavation work started, was attended by some 6,000 guests. The Burj Khalifa was revealed to be 828 meters high, (2,716 ft) far taller than the previous rec ...

Nordea Poland enters into Pre-Lease Agreement with LANDPROP SERVICES (PL)

Nordea Bank Polska has entered into a pre-lease agreement for a built-to-suit office building in Gdynia, Poland of approximately 11,600 m² with LANDPROP SERVICES. The agreements signed are the culmin ...

Business Centre Association calls for local authorities to enter into public/private partnerships (UK)

The Business Centre Association (BCA) has called for local authorities to enter into public/private partnerships with its members to run flexible workspace or to sell off under-performing local author ...

SEB Asset Management invests €68 million to acquire a retail center with hotel (DE)

SEB Asset Management has acquired a newly-built retail center with hotel in the city center of Münster. The overall investment costs amount to approx. €68 million. Developed and sold by the Dortmund ...

CEE property investment turnover slowly increases (CEE/EU)

s in the Czech Republic, Slovakia and Poland could help make these investment markets more liquid again in 2010." Source: CB Richard Ellis

Fabege sells in Nacka and Västberga (SE)

Fabege has sold its Sicklaön 145:20 property in Nacka to Järla Marknad AB for a consideration SEK 50 mln. (€4.9 mln.)and its Elektra 20 leasehold to Fastighets AB TESST for SEK 7 million (€0.68 ml ...

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